Advantages of Opening a Cayman Islands Bank Account
No capital gains tax, Corporation Tax, withholding tax, property tax, payroll tax, or income tax payable by employees.
Absence of exchange control, allowing free transfer of funds in and out of the Islands, in any currency, with equal freedom to open and maintain accounts in any currency.
No reserve asset requirements.
Statutory confidentiality of client information.
Competitiveness in the Euro currency markets.
Statutory confidentiality of client information is provided by the Confidential Relationships Law
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